LWM Advisory Services LLC Trims Stake in Chart Industries, Inc. (NYSE:GTLS)

LWM Advisory Services LLC decreased its position in shares of Chart Industries, Inc. (NYSE:GTLS) by 2.7% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 2,005 shares of the industrial products company’s stock after selling 56 shares during the period. LWM Advisory Services LLC’s holdings in Chart Industries were worth $383,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in GTLS. Private Advisor Group LLC purchased a new position in shares of Chart Industries during the 3rd quarter worth approximately $205,000. Pathway Financial Advisers LLC bought a new stake in shares of Chart Industries in the 3rd quarter worth approximately $1,002,000. DekaBank Deutsche Girozentrale boosted its position in shares of Chart Industries by 16.0% in the 3rd quarter. DekaBank Deutsche Girozentrale now owns 218,000 shares of the industrial products company’s stock worth $27,111,000 after purchasing an additional 30,000 shares in the last quarter. State of Alaska Department of Revenue boosted its position in shares of Chart Industries by 7.3% in the 3rd quarter. State of Alaska Department of Revenue now owns 4,868 shares of the industrial products company’s stock worth $604,000 after purchasing an additional 330 shares in the last quarter. Finally, First Financial Bankshares Inc boosted its position in shares of Chart Industries by 8.1% in the 3rd quarter. First Financial Bankshares Inc now owns 17,781 shares of the industrial products company’s stock worth $2,207,000 after purchasing an additional 1,329 shares in the last quarter.

Chart Industries Price Performance

NYSE GTLS opened at $181.86 on Friday. The business’s fifty day moving average price is $200.26 and its 200-day moving average price is $160.81. The stock has a market capitalization of $7.79 billion, a price-to-earnings ratio of 52.71, a PEG ratio of 0.57 and a beta of 1.84. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.27 and a quick ratio of 1.00. Chart Industries, Inc. has a 1-year low of $101.60 and a 1-year high of $220.03.

Analyst Upgrades and Downgrades

GTLS has been the topic of a number of analyst reports. Barclays dropped their price target on Chart Industries from $146.00 to $145.00 and set an “equal weight” rating on the stock in a research report on Monday, November 4th. The Goldman Sachs Group boosted their price target on Chart Industries from $138.00 to $201.00 and gave the stock a “neutral” rating in a research report on Friday, December 20th. Citigroup boosted their price target on Chart Industries from $190.00 to $225.00 and gave the stock a “buy” rating in a research report on Thursday, February 13th. BTIG Research boosted their price target on Chart Industries from $170.00 to $210.00 and gave the stock a “buy” rating in a research report on Monday, December 16th. Finally, Raymond James reissued a “strong-buy” rating and issued a $190.00 price target on shares of Chart Industries in a research report on Monday, December 2nd. Three analysts have rated the stock with a hold rating, nine have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, Chart Industries presently has a consensus rating of “Moderate Buy” and an average price target of $191.54.

About Chart Industries

Chart Industries, Inc engages in the designing, engineering, and manufacturing of process technologies and equipment for the gas and liquid molecules in the United States and internationally. The company operates in four segments: Cryo Tank Solutions, Heat Transfer Systems, Specialty Products, and Repair, Service & Leasing.